MILL VALLEY, Calif., September 26, 2022--Redwood Trust Names New Chief Investment Officer and Announces Transition of CoreVest Leadership Team
MILL VALLEY, Calif., September 13, 2022--Redwood Trust, Inc. (NYSE: RWT; "Redwood" or the "Company"), a leader in expanding access to housing for homebuyers and renters, today announced that its Board of Directors authorized the declaration of a third quarter 2022 regular common stock dividend of $0.23 per share. This marks the Company's 93rd consecutive quarterly dividend. The third quarter 2022 dividend is payable on September 30, 2022 to stockholders of record on September 23, 2022.
Redwood Trust (RWT) delivered earnings and revenue surprises of -152.38% and 27.21%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?